EUR/USD Daily Forecast – 14 December

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Thursday, Dec 14 2017

EUR/USD Daily Forecast – 14 December

Euro was pushed higher in the course of the yesterday's session, especially after Fed's interest rate decision, with pair going all the way to 1.1830 area, around which it finished the session. Tomorrow, we can expect another volatile session with focus on ECB interest rate decision. Any type of supportive candles around 1.1750 and 1.1730 area would be short-term buying signal, while resistive candles above 1.1880 and 1.19 level would be short-term selling opportunity.

In long-term trends, we would be buyers for this pair.We expect plenty of support around 1.15 handle, but also plenty of resistance near 1.20 area.

More in this category: « GBP/USD Daily Forecast – 14 December AUD/USD Daily Forecast – 15 December »

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